AMD 1999 Annual Report Download - page 175

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SUPPLEMENTARY FINANCIAL DATA
1999 and 1998 by Quarter (Unaudited)
(Thousands except per share and market price amounts) 1999 1998
---------------------------------------------------------------------------------------------------------------------------------
Dec. 26 Sept. 26 June 27 Mar. 28 Dec. 27 Sept. 27 June 28 Mar. 29
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Net sales $968,710 $ 662,192 $ 595,109 $ 631,593 $788,820 $685,927 $ 526,538 $ 540,856
Expenses:
Cost of sales 581,545 474,119 458,339 450,431 481,987 422,985 390,140 423,591
Research and development 150,936 157,626 167,278 159,946 156,459 143,665 139,158 128,120
Marketing, general and
administrative 158,803 129,437 124,520 127,310 120,498 109,768 101,198 88,214
Restructuring and other
special charges 5,700 -- 17,514 15,016 -- -- -- --
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896,984 761,182 767,651 752,703 758,944 676,418 630,496 639,925
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Operating income (loss) 71,726 (98,990) (172,542) (121,110) 29,876 9,509 (103,958) (99,069)
Gain on sale of Vantis -- -- 432,059 -- -- -- -- --
Litigation settlement -- -- -- -- -- -- -- (11,500)
Interest income and other, net 6,958 6,757 7,252 10,768 10,037 10,071 8,518 5,581
Interest expense (12,370) (18,033) (18,087) (20,763) (15,177) (21,182) (17,663) (12,472)
---------------------------------------------------------------------------------------------------------------------------------
Income (loss) before
income taxes and
equity in joint venture 66,314 (110,266) 248,682 (131,105) 24,736 (1,602) (113,103) (117,460)
Provision (benefit) for
income taxes -- -- 172,823 (5,473) (136) (635) (44,110) (46,997)
---------------------------------------------------------------------------------------------------------------------------------
Income (loss) before equity
in joint venture 66,314 (110,266) 75,859 (125,632) 24,872 (967) (68,993) (70,463)
Equity in net income (loss)
of joint venture (1,234) 4,721 4,037 (2,735) (2,551) 1,973 4,433 7,736
-
--------------------------------------------------------------------------------------------------------------------------------
Net income (loss) $ 65,080 $(105,545) $ 79,896 $(128,367) $ 22,321 $ 1,006 $ (64,560) $ (62,727)
=================================================================================================================================
Net income (loss) per share:
Basic $ 0.44 $ (0.72) $ 0.54 $ (0.88) $ 0.15 $ 0.01 $ (0.45) $ (0.44)
---------------------------------------------------------------------------------------------------------------------------------
Diluted $ 0.43 $ (0.72) $ 0.53 $ (0.88) $ 0.15 $ 0.01 $ (0.45) $ (0.44)
---------------------------------------------------------------------------------------------------------------------------------
Shares used in per share
calculation:
Basic 148,029 147,388 146,947 145,909 144,926 143,915 143,462 142,503
---------------------------------------------------------------------------------------------------------------------------------
Diluted 152,750 147,388 149,540 145,909 149,949 146,642 143,462 142,503
---------------------------------------------------------------------------------------------------------------------------------
Common stock market price
range:
High $ 31.75 $ 23.25 $ 21.63 $ 31.88 $ 32.00 $ 20.94 $ 30.50 $ 25.13
Low $ 16.44 $ 16.13 $ 14.75 $ 15.69 $ 14.00 $ 13.00 $ 16.88 $ 17.13
=================================================================================================================================
45
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 2000